1Mon·

#timeless

Some time ago, I explained my strategy for Timeless. Today I can tell you about my experience after my second exit.


At the time, I was looking for an asset that had already been available for trading on Timeless for some time. I was looking for assets that were trading below market value. This was 10euro per share, so I was looking for 2 shares under 9 euros. Now the shares were sold for 12,16/per share. This corresponds to an increase of 38%. Of course, many will say that this is only a profit of 6 euros. But in the end it's the return that counts...

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What about taxes and stuff🤔
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I am now also invested in Timeless.
Thanks for sharing. 😇
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Total nonsense
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I think I have it in my head that they have blatant fees. Did you leave them out here?
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I also looked into timeless a few times. In my opinion, the fees are so high that a strong return cannot be achieved here. I believe a premium is also retained when assets are sold. Overall, there is too much outflow. In my eyes, it's a gimmick at best.
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Be glad that you have found an exit. Many report that they simply cannot sell because the majority must agree. Therefore not worth an investment for me, regardless of the asset.
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No offense, but the return on investment was probably pretty bad if you factor in the time spent on your side.
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